Sunwest Bank
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The bank, with offices in Tustin, Newport Beach and Orange, said net income for the fourth quarter totaled $566,000, down 21% from the $718,000 recorded for the 1998 fourth quarter. Net income for the year rose 27% to a record $3.3 million from $2.6 million. Total assets increased 22% to $186.8 million from $153.7 million. Sunwest is owned by West Coast Bancorp.
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